For the DAX, we expect that the course will come back and reach the trading zone for a second time. Then, the course should have enough power to push through the resistance at 16024 points and further increase past 16900 points.
The German index has had its troubles with the resistance at 15806 points. However, the longer the course is stable and close to this mark, the more positive are we that the final push will come soon. Once above 15806 points, we expect the course to reach new all-time highs around 16591 points.
Patience is key!
ON the Daily timeframe we have an M formation and we would like to see the price to retest the neckline before the continuation to the downside. Also On the monthly timeframe we can obviously see an overextended W formation which neckline aligns perfectly with the demand zone highlighted on the Chart. We want to catch that impulse to the downside with a good R/R...
This idea is based on the LongBuyLongSellIndicator Script. You may find the script here click
Current price is near 107 ,there is no doubt that NASDAQ trying to make Higher and Higher as it has been in green for several candles .Thanks to LongBuyLongSellIndicator showing the green candles with no red in between though there was small downs.
Before making any...
It was risk-on mood after yesterday Trump teased traders with hope of a US-China trade deal by tweeting “Getting VERY close to a BIG DEAL with China. They want it, and so do we!”
If the both sides can’t reach an agreement within the next few days, additional tariffs will be imposed on imported Chinese goods on Sunday, December 15th. If a deal is reached before...
Indexadores que utilizo para medir as demandas internacionais e locais estão indicando que pode haver uma alta significativa neste novo movimento a seguir.
Nossa Bolsa B3 está firme e forte, no entanto a festa é só pra o pessoal local, pois os convidados de fora não quiseram comparecer.
Resumindo, não temos atrativo externo para balancear a demanda por divisas a...
break down the weekly support (green line) and now retest the support and getting ready for a sharp drop.
hit like... check my previous ideas on my profile... click follow for more updates and predictions.
*Weekly Time Frame*
Setup can take 2 months to show.
Also the Daily Time Frame shows some bullish movement, when the daily time frame also turns bearish its time to short sp500 for 100-150 points, maybe more if the lower range breaks.
When the Daily Time Frame turns bearish I shall also update this idea.
A broke of the range followed by some small side ways...
If we look at the indexchart of the AEX (dutch25) we are seeing high consolidation. This means that markets are on this moment unpredictable and are waiting for more information.
Why can't we predict the markets?
Because we saw at the past that markets dind't react as expected on politics and economic data. This means that the most people are afraid to place...